• 제목/요약/키워드: Investment evaluation system

검색결과 350건 처리시간 0.027초

해양바이오수소개발 사업의 상업생산을 위한 예비경제성평가 (Economic Feasibility Study for Commercial Production of Bio-hydrogen)

  • 박세헌;유영돈;강성균
    • Ocean and Polar Research
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    • 제38권3호
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    • pp.225-234
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    • 2016
  • This project sought to conduct an economic feasibility study regarding the commercial production of bio-hydrogen by the marine hyperthermophilic archaeon, Thermococcus onnurineus NA1 using carbon monoxide-containing industrial off-gas. We carried out the economic evaluation of the bio-hydrogen production process using the raw material of steel mill by-product gas. The process parameter was as follows: $H_2$ production rate was 5.6 L/L/h; the conversion of carbon monoxide was 60.7%. This project established an evaluation criterion for about 10,000 tonne/year. Inflation factors were considered as 3%. The operating costs were recalculated based on prices in 2014. The total investment required for development was covered 30% by capital and 70% by a loan. The operation cost for the 0.5-year test and integration, and the cost for the first three months in the 50% production period were considered as the working capital in the cost estimation. The costs required for the rental of office space, facilities, and other related costs from the construction through to full-scale production periods were considered as continuing expenses. Materials, energy, waste disposal and other charges were considered as the operating cost of the development system. Depreciation, tax, maintenance and repair, insurance, labor, interest rate charges, general and administrative costs, lubrication and miscellaneous expenses were also calculated. The hydrogen price was set at US$ 4.15/kg for the economic evaluation. As a result, the process was considered to be economical with the payback period of 6.3 years, NPV of 18 billion Won and IRR of 26.7%.

외식사업발전을 위한 조리분야 아웃소싱 전략에 관한 연구 (평가측정치 개발절차를 중심으로) (A Comparative Study of Outsourcing Culinary Part of Foodservice Industry Development.)

  • 김기영
    • 한국조리학회지
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    • 제7권3호
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    • pp.13-34
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    • 2001
  • The case which it contracts with the dynamic result measurement system when actual outsourcing evaluation measurement is composed and then one result standard between the service supplier and the user is set, which owns jointly the expense which is reduced from that or the benefit which is created from that is increasing In the conclusion, for outsourcing management strategy of domestic foodservice industry in order to succeed, first it is accurate and examined that for what and how outsourcing should be introduced and as a result, what kind of result can be raised from that result\ulcorner Food service industry should be outsourced if you want to make more many investment in better humane resources, food & beverage-goods-security and education to provide eating-out service out of various business in food industry. When considering the actuality of the domestic foodservice industry that time it is appropriate, it sees. The foreign-brand goods which is introduced in the country are being executing in the 1ink of part management strategy. One of the most influential factor of domestic foodservice industry's management pressure is overspent management expenses, Does the namely expenses preparation effect reach which degree\ulcorner what kind of method can most decrease these expenses\ulcorner Doing grows the success and failure of the Korean foodservice industry controls result with the fact that it will operate with a big variable sees. The background which the domestic foodservice industry should introduce inevitably the outsiurcing system is to develop continuously nation foodservice industry in the way of cost curtailment of food-material, a labor cost curtailment with efficient application and synergic effect like specialty manpower utilization. The kindred competitive enterprises gradually concentrate management resource to the point ability from the present point of view which is increasing and a strategy position they secure, to prepare a competitive power, what sees it is important national industry must prepare a new paradigm. It is important to measure the result based on sales accomplishment in operation system dimension, and it is more important to appropriately apply regard of the evaluation measurement

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SWOT&AHP을 이용한 목포항 요트산업 개발과 운영 주체 평가 (Assessment of Development and Operation for Maritime Leisure In Mokpo Port using SWOT&AHP)

  • 장운재;박성현;금종수
    • 한국항해항만학회지
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    • 제29권8호
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    • pp.715-721
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    • 2005
  • 본 연구에서는 목포항의 요트산업 운영과 개발에 관한 평가를 위한 평가모델을 제안하고자 한다. 이러한 평가를 위해 본 연구에서 제안한 모델은 SWOT와 AHP법을 통합한 것이다. 본 연구에서는 평가를 위해 ISM법에 의해 평가요소를 구조화한다. 그리고 계층구조는 5단계이며 3단계부터는 SWOT법이 적용된다. 또한 평가를 위해 SWOT법에서 O, T는 외부적요소고, O, T는 외부적 요소로 구분하였다. 또한 개발 및 운영의 관점은 경제적인 관점과 해양 레져관광 개발의 두 관점을 고려하였다. 개발 및 운영주체는 제3섹터 민간과 지자체로 구분하였다. 그 결과 강점과 기회가 우선순위가 높게 나타났고 제3섹터에 의한 개발과 운영이 선호되는 것으로 나타났다.

투자자별 거래정보와 머신러닝을 활용한 투자전략의 성과 (Performance of Investment Strategy using Investor-specific Transaction Information and Machine Learning)

  • 김경목;김선웅;최흥식
    • 지능정보연구
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    • 제27권1호
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    • pp.65-82
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    • 2021
  • 주식시장에 참여하는 투자자들은 크게 외국인투자자, 기관투자자, 그리고 개인투자자로 구분된다. 외국인투자자 같은 전문투자자 집단은 개인투자자 집단과 비교하여 정보력과 자금력에서 우위를 보이고 있으며, 그 결과 시장 참여자들 사이에는 외국인투자자들이 좋은 투자 성과를 보이는 것으로 알려져 있다. 외국인 투자자들은 근래에는 인공지능을 이용한 투자를 많이 하고 있다. 본 연구의 목적은 투자자별 거래량 정보와 머신러닝을 결합하는 투자전략을 제안하고, 실제 주가와 투자자별 거래량 데이터를 이용하여 제안 모형의 포트폴리오 투자 성과를 분석하는 것이다. 일별 투자자별 매수 수량과 매도 수량 정보는 한국거래소에서 공개하고 있는 자료를 활용하였으며, 여기에 인공신경망을 결합하여 최적의 포트폴리오 전략을 도출하고자 하였다. 본 연구에서는 자기 조직화 지도 모형 인공신경망을 이용하여 투자자별 거래량 데이터를 그룹화하고 그룹화한 데이터를 변환하여 오류역전파 모형을 학습하였다. 학습 후 검증 데이터 예측결과로 매월 포트폴리오 구성을 하도록 개발하였다. 성과 분석을 위해 포트폴리오의 벤치마크를 지정하였고 시장 수익률 비교를 위해 KOSPI200, KOSPI 지수 수익률도 구하였다. 포트폴리오의 동일배분 수익률, 복리 수익률, 연평균 수익률, MDD, 표준편차, 샤프지수, 벤치마크로 지정한 시가총액 상위 10종목의 Buy and Hold 수익률 등을 사용하여 성과 분석을 진행하였다. 분석 결과 포트폴리오가 벤치마크 대비 2배 수익률을 올렸으며 시장 수익률보다 좋은 성과를 보였다. MDD와 표준편차는 포트폴리오와 벤치마크가 비슷한 결과로 성과 대비 비교한다면 포트폴리오가 좋은 성과라고 할 수 있다. 샤프지수도 포트폴리오가 벤치마크와 시장 결과보다 좋은 성과를 내었다. 이를 통해 머신러닝과 투자자별 거래정보 분석을 활용한 포트폴리오 구성 프로그램 개발의 방향을 제시하였고 실제 주식 투자를 위한 프로그램 개발에 활용할 수 있음을 보였다.

The Contribution of Innovation Activity to the Output Growth of Emerging Economies: The Case of Kazakhstan

  • Smagulova, Sholpan;Mukasheva, Saltanat
    • 유통과학연구
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    • 제10권7호
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    • pp.33-41
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    • 2012
  • The purpose of this study is to analyse the state of the energy industry and to determine the efficiency of its functioning on the basis of energy conservation principle and application of innovative technologies aimed at improving the ecological modernisation of agricultural sectors of Kazakhstan. The research methodology is based on an integrated approach of financial and economic evaluation of the effectiveness of the investment project, based on calculation of elasticity, total costs and profitability, as well as on comparative, graphical and system analysis. The current stage is characterised by widely spread restructuring processes of electric power industry in many countries through introduction of new technical installations of energy facilities and increased government regulation in order to enhance the competitive advantage of electricity market. Electric power industry features a considerable value of creating areas. For example, by providing scientific and technical progress, it crucially affects not only the development but also the territorial organisation of productive forces, first of all the industry. In modern life, more than 90% of electricity and heat is obtained by Kazakhstan's economy by consuming non-renewable energy resources: different types of coal, oil shale, oil, natural gas and peat. Therefore, it is significant to ensure energy security, as the country faces a rapid fall back to mono-gas structure of fuel and energy balance. However, energy resources in Kazakhstan are spread very unevenly. Its main supplies are concentrated in northern and central parts of the republic, and the majority of consumers of electrical power live in the southern and western areas of the country. However, energy plays an important role in the economy of industrial production and to a large extent determines the level of competitive advantage, which is a promising condition for implementation of energy-saving and environmentally friendly technologies. In these circumstances, issues of modernisation and reforms of this sector in Kazakhstan gain more and more importance, which can be seen in the example of economically sustainable solutions of a large local monopoly company, significant savings in capital investment and efficiency of implementation of an investment project. A major disadvantage of development of electricity distribution companies is the prevalence of very high moral and physical amortisation of equipment, reaching almost 70-80%, which significantly increases the operating costs. For example, while an investment of 12 billion tenge was planned in 2009 in this branch, in 2012 it is planned to invest more than 17 billion. Obviously, despite the absolute increase, the rate of investment is still quite low, as the total demand in this area is at least more than 250 billion tenge. In addition, industrial infrastructure, including the objects of Kazakhstan electric power industry, have a tangible adverse impact on the environment. Thus, since there is a large number of various power projects that are sources of electromagnetic radiation, the environment is deteriorated. Hence, there is a need to optimise the efficiency of the organisation and management of production activities of energy companies, to create and implement new technologies, to ensure safe production and provide solutions to various environmental aspects. These are key strategic factors to ensure success of the modern energy sector of Kazakhstan. The contribution of authors in developing the scope of this subject is explained by the fact that there was not enough research in the energy sector, especially in the view of ecological modernisation. This work differs from similar works in Kazakhstan in the way that the proposed method of investment project calculation takes into account the time factor, which compares the current and future value of profit from the implementation of innovative equipment that helps to bring it to actual practise. The feasibility of writing this article lies in the need of forming a public policy in the industrial sector, including optimising the structure of energy disbursing rate, which complies with the terms of future modernised development of the domestic energy sector.

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금융자산 관리모델의 변화에 관한 연구 (Business Model Change in Asset Management)

  • 류현욱
    • 한국산학기술학회논문지
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    • 제18권9호
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    • pp.251-257
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    • 2017
  • 금융서비스의 한 부분으로 꼽히는 자산관리(Private banking)는 고액자산가(HNWI)를 대상으로 하는 투자자문업이다. 국내 자산관리서비스는 성장을 앞두고 있으나 평가체계 등 구조적 한계 등이 극복할 과제로 남아있다. 아 태지역을 필두로 전 세계적으로 해당시장의 규모가 확대되고 있는 자산관리서비스는 저성장 저금리 환경이 고착화됨에 따라 국내에서도 수요가 급증하고 있다. 다만 고령화에 따른 대고객 관계의 장기화와 각종 규제 등은 보수체계를 압박하는 요인으로 꼽히는 가운데 국내 기업들의 경쟁력 강화가 필요한 시점이다. 본 논문은 service quality model과 관련한 선행연구에서 DEMATEL 모형을 고찰하고 전문가 인터뷰를 통해 Business model elements를 도출했다. 모듈식 자문서비스, 고객에 대한 정교하고 세련된 서비스, 부유층이 만족하는 투자전문성 및 투명성 제고 등을 도출했다. 상대적으로 높은 수익률을 제공하는 해외자산과 낮은 상관관계를 가진 대체투자자산에 대한 관심이 증대되는 여건 속에서 해당분야로의 본 연구는 시의적절한 부분을 연구의 기여로 볼 수 있으며 실증분석을 통한 검증은 연구의 한계로 후속과제에서 다룰 예정이다.

S/W 벤처기업의 특성별 경영 현황분석 (An Analysis of the Whole Area of Business Administration by the Characteristics in the Software Venture Business)

  • 손성호;한계섭
    • 한국정보시스템학회지:정보시스템연구
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    • 제10권1호
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    • pp.323-352
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    • 2001
  • Venture business plays a great role in creating national competitive power in every country. In particular, software venture business can mostly belong to manufacturing business, and takes the top seat of core industry as the basis of globalization, informatization and localization as well as the driving force of national competitive power. However, software venture business still has some risks in the whole area of business administration including the process of business starting. There are also problems to be solved in such areas as manager's ability, leadership, talent, level of technical development, marketing channel, recruiting of marketing specialists, financial plan and fund raising. In this respect, this study divides 102 software venture businesses into two; business in the stage of growth and matured business through the analysis of questionnaire and analyzes their present managerial conditions according to their characteristics after classifying them into four categories such as general management, technical development, marketing, finance and accounting. Therefore, this study attempts to provide the basic data useful for business activities of software venture business from now on. The results are as follows; First, it can be judged that software venture businesses make efforts for their technical development in their character, and that they make a great investment in research and development. Consequently, it can be believed that this kind of investment must be continued in the future. Second, it can be seen that they are not much interested in marketing and its manpower. In fact, software venture businesses develop products technically at the risk of their life, while marketing plays an important role in the continuity of business. Thus, it is necessary for them to invest in the supplement of manpower in marketing. Third, it is observed that they generally have some difficulties in raising money from outside. By the way, it. is believed that this problem will be solved by appealing to the persons interested such as investors and creditors, if evaluation system would be developed more exquisitely so that their accounting and technical value may be appraised.

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SOC투자평가시스템의 체계 및 설계개선 (Design Improvements of Investment Analysis System for SOC)

  • 이진선;남두희
    • 한국인터넷방송통신학회논문지
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    • 제15권3호
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    • pp.131-136
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    • 2015
  • 타당성평가란 개별적인 공공교통시설 개발 사업을 본격적으로 착수하기 위하여 구체적으로 해당 사업계획을 수립하거나 기본설계를 추진하는 단계(이와 유사한 계획 또는 설계를 포함한다)에서 해당 개별사업을 대상으로 실시하는 것을 말한다. 주어진 자원을 효율적으로 배분하기위해 대안들에 대한 편익하고 경제성을 분석하여 최적의 대안을 산출하는 것을 말한다. 본 논문에서는 SOC평가체계의 중요한 부분인 타당성평가에서의 여러 요소들에 관한 연구방향과 미국일본의 사례분석을 제시한다. 기존의 비용편익분석과 더불어 미국, 일본의 평가기준을 살펴보았도 기존의 전통적인 통행시간 절감, 사고감소에 따른 편익뿐만이 아니라 사회적, 문화적 항목의 편익 등에 대한 연구가 활발하게 이루어 지고있음을 보였다. 특히, 존재가치, 집중효과 의 분석을 통하여 지역사회에 프로젝트가 미치는 영향을 사회적인 관접에서 계량화하는 노력들이 이루어 지고있어 이에대한 연구와 계량화에 대한 심도있는 연구가 필요하다.

约翰内斯堡空间转型的背景, 进程与效果研究 (Analyzing the Spatial Transformation of Johannesburg: Background, Process and Effectiveness)

  • Tang, Wei
    • 분석과 대안
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    • 제2권2호
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    • pp.93-110
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    • 2018
  • Due to its speciality, Johannesburg has drawn wide attention from the international academia, which the existing urban theory cannot easily explain. This paper focuses on the spatial pattern of Johannesburg, and finds that it is highly fragmented: first North-South Division due to apartheid and gold mining, secondly, the continuous sprawl due to population densification, and thirdly formation of city-region due to the fill-in spatial policy. The fragmented spatial pattern undermines the social integration and weakens the potential economic sustainability, which make the balanced multi-core spatial pattern inevitable under the influence of the international planning thought. The Johannesburg's spatial transformation comes not only from social integration, but also from the development vison of world-class status of an African city. In reality, since the collapse of apartheid, the municipal government has released series of strategic planning in different executive phase. These different plannings unanimously focus on the world class status although since 2008, the social inclusiveness is more emphasized. Thus, Johannesburg implements some spatial policies, as promoting the corridor of freedom, identifying the key nodes in the city then developing with high density, implementing the in-filling policy, managing the urban growth boundary, effectively preserving the natural system. However, the industrial structure in Johannesburg is already quite high-ended which cannot produce many jobs and also require much investment in advanced infrastructure. Thus, the strategic goals of world-class status of an African city and social inclusiveness which really need widely shared public services to some extent are in tension. After evaluation, we can see that spatial transformation is quite limited. Obviously spatial transformation largely depends on the social-economy. The population is still in flow. In this sense Johannesburg must energetically support the employment-based industry, effectively control the spatial sprawl and carry out institutional innovation which further incentive investment, gradually build an integrated regional governance. In general, how Johannesburg combines globalization and its own condition is still worth thinking in both theory and practice.

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가상화폐 시장의 인물 영향력에 대한 탐색적 연구: 일론 머스크의 발언을 중심으로 (An Exploratory Study of Influencer's Impacts for Cryptocurrency Markets: Focused on the Elon Musk's Twitter Activity)

  • 홍가연;이상근;양창규
    • 경영정보학연구
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    • 제25권3호
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    • pp.83-97
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    • 2023
  • 본 연구는 가상화폐시장에서 인물 영향력을 확인하고자 한다. 즉, 영향력 있는 인물의 발언에 따른 가상화폐의 시장가격변화를 확인하여 인물 영향력의 존재유무와 영향력을 주는 발언을 확인하고 이에 대한 시사점을 제시하고자 한다. 이를 위해 가상화폐시장에서 전 세계적으로 유명한 일론 머스크의 가상화폐에 대한 발언시기에 따라 비트코인과 도지코인의 가격변화에 대한 분석을 실시한 후 비정상수익이 발행한 시점을 확인하였다. 분석결과에 따르면 (1) 부분별한 인물 영향력은 사라지고 있지만, (2) 가상화폐시장에서는 여전히 추측을 통한 투자가 이뤄지고 있으며, (3) 인물 영향력의 지속기간은 매우 짧고 직접적인 언급이 있는 경우 더 큰 영향력을 준다는 점을 확인할 수 있었다. 이 연구결과는 가상화폐시장이 건강하게 성장하기 위해서는 가상화폐에 대한 객관적인 평가체계 마련과 불량 가상화폐에 대한 구조조정이 필요하고, 정부주도의 디지털 화폐정책 입안 시 가상화폐를 참여시켜 합법적인 투명한 투자환경조성에 대한 노력이 필요하다는 점을 시사한다.